Sygaldry Technologies Funding, Investors & Competitors

PsiQuantum is a Palo Alto-headquartered quantum computing company building photonic-based fault-tolerant systems. The firm manufactures qubits in GlobalFoundries fabs, targeting 1 million-qubit processors by 2027 for climate modeling and drug discovery. PsiQuantum partners with DARPA and Australian government for utility-scale deployment.

D-Wave Quantum Inc is in the development and delivery of quantum computing systems, software, and services, and it is the commercial supplier of quantum computers and the only company building both annealing quantum computers and gate-model quantum computers. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Its annealing quantum computers are accessible through the company's LeapTM cloud service.

Photonic is a Vancouver-headquartered company constructing a networked quantum computing platform using optically-linked silicon spin qubits. Its technology integrates photonics connectivity over telecom-band fiber for scalable, fault-tolerant quantum modules and networking.

Nord Quantique is a Sherbrooke-based quantum computing company developing second-generation processors using bosonic codes for error correction. The firm targets fault-tolerant systems for applications in cryptography, optimization, and simulation. Its technology integrates superconducting circuits and photonic interfaces, with prototypes tested in Canadian research labs.

QuEra Computing is a Somerville-headquartered company pioneering scalable quantum computers using neutral atom arrays as qubits. It advances hardware platforms like Aquila alongside algorithms tackling optimization, chemistry simulations, materials discovery, and machine learning workloads through collaborations with institutions such as Harvard and NVIDIA.

SeeQC is a quantum computing company integrating superconducting qubits with classical processors. Elmsford, New York-headquartered since 2018, it maintains facilities in London and Naples. SeeQC develops single flux quantum electronics for readout, control, and error correction. Its chip-scale systems target enterprise applications in optimization and simulation. The firm collaborates with research institutions on scalable quantum hardware.

Quantum Machines is a Tel Aviv-headquartered provider of quantum control infrastructure. It offers the OPX series of hybrid controllers that integrate classical and quantum processors for photonic, superconducting, and trapped-ion systems. The platform enables real-time pulse processing and error correction, supporting over 100-qubit experiments. Adopted by labs at Harvard, Oxford, and IBM, it accelerates quantum algorithm development through its open-source QUA programming language.

Riverlane is a Cambridge, UK-headquartered quantum computing software company developing error-correction tools for qubits. Its Deltaflow platform corrects errors in real time at scales of billions per second, compatible with superconducting and ion-trap hardware. Founded in 2016, it collaborates with IBM, Rigetti, and Oxford Quantum Circuits on scalable quantum processors.

SpinQ Technology is a Shenzhen-based quantum computing firm producing desktop nuclear magnetic resonance systems and superconducting processors. Its Gemini Mini and Gemini models run 2-3 qubit algorithms for education and research in universities across China and the US. The company develops Q-OS software for circuit simulation and cloud access to larger 12-qubit systems hosted in Hefei labs.

Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence to run large language models. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

SK hynix is a semiconductor memory manufacturer with around 60%-70% of its revenue from DRAM and 30%-35% of its revenue from NAND. The company is both the second-largest DRAM and NAND supplier globally with a 33% and 21% market share, respectively, as of 2024. SK Hynix increased its market position in NAND from fourth to second, after acquiring Intel's NAND business in 2021. SK Square, an investment management company spun off from SK Telecom, is SK Hynix's largest shareholder and currently holds 20% of the company's shares.

Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers (including artificial intelligence), industrial, and automotive applications. AMD’s traditional strength was in central processing units and graphics processing units used in PCs and data centers. However, AMD is emerging as a prominent player in AI GPUs and related hardware. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox.

Arm Holdings is the IP owner and developer of the ARM architecture, which is used in 99% of the world’s smartphone CPU cores, and it also has high market share in other battery-powered devices like wearables, tablets, or sensors. Arm licenses its architecture for a fee, offering different types of licenses depending on the flexibility the customer needs. Customers like Apple or Qualcomm buy architectural licenses, which allow them to modify the architecture and add or delete instructions to tailor the chips to their specific needs. Other clients directly buy off-the-shelf designs from Arm. Both off-the-shelf and architectural customers pay a royalty fee per chip shipped.

Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.